Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, an industry-leading provider of credit risk products and services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, creed, religion, gender, national origin, ancestry, citizenship status, age, disability, marital or veteran status, sexual orientation, gender identity and other status protected by applicable laws.

Based in London, you will mainly focus on monitoring the performance of existing European RMBS as well as rating new transactions. Dependent on need, you may also have the opportunity to participate in rating activity in other asset classes within European Structured Finance. This will involve collection and analysis of portfolio data, review of legal documentation, and analysis of the transaction structure as well as communication with counterparties.

Within this position, you will conduct an in-depth quantitative credit risk analysis of the portfolio assets. Additionally, you will consider the individual transaction priority of payments as well as the interest rate and/or currency mismatches between the portfolio assets and structured finance bonds as part of cash flow modelling the transaction structure. You will conduct qualitative assessments of the operational risks based on on-site reviews at the issuers. You will also review all relevant laws and regulations, legal opinions, and transaction documentation.

You will be expected to write credit analysis reports and press releases on rated structured finance transactions as well as research reports and conduct analysis on industry-related topics. In addition, you may participate in criteria development across products and regions.

Person Specification

• Sound academic track record with University degree level or equivalent. A specialty in Finance, Economics, Accounting, Maths or Statistical Sciences is desirable but not essential
• Prior professional experience in credit analysis, banking industry, securitisation market, risk management or mortgage industry
• Numeracy and computer proficiency is a pre-requisite, including the use of Excel functions and application of modelling skills
• Strong analytical and problem-solving skills
• Excellent written and verbal communication skills, and ability to formulate and deliver concise opinions, facts and arguments both verbally and in writing
• Ability to work in a team as well as alone using own initiative
• Fluency in English. Other European languages are desirable but not essential

The successful candidate will be enrolled in the Fitch Credit Academy, Fitch's in-house training and assessment program to support the professional development of analytical staff.

Fitch is committed to providing global securities markets with objective, timely, independent and forward-looking credit opinions. To protect Fitch's credibility and reputation, our employees must take every precaution to avoid conflicts of interests or any appearance of a conflict of interest. Should you be successful in the recruitment process at Fitch Ratings you will asked to declare any securities holdings and other potential conflicts for you and your Family Members prior to commencing employment. If you, or your Family Members, have any holdings that may conflict with your work responsibilities, they must be sold before beginning work. In certain roles, employees and their Family Members may be limited to investments in diversified mutual funds only.

For more information about this policy, please visit the Code of Ethics and Conduct page.